Price for Buttons; of Base Metal, Not Covered with Textile Material in the Dominican Republic - 2023
Contents:
- Price for Buttons; of Base Metal, Not Covered with Textile Material in the Dominican Republic (CIF) - 2022
- Price for Buttons; of Base Metal, Not Covered with Textile Material in the Dominican Republic (FOB) - 2023
- Imports of Buttons; of Base Metal, Not Covered with Textile Material in the Dominican Republic
- Exports of Buttons; of Base Metal, Not Covered with Textile Material in the Dominican Republic
Price for Buttons; of Base Metal, Not Covered with Textile Material in the Dominican Republic (CIF) - 2022
The average import price for buttons; of base metal, not covered with textile materials stood at $29,775 per ton in 2022, surging by 14% against the previous year. In general, the import price, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2020 an increase of 60% against the previous year. The import price peaked at $45,465 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($47,285 per ton), while the price for Mexico ($11,185 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Buttons; of Base Metal, Not Covered with Textile Material in the Dominican Republic (FOB) - 2023
The average export price for buttons; of base metal, not covered with textile materials stood at $14,255 per ton in March 2023, increasing by 534% against the previous month. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Haiti.
From March 2022 to March 2023, the rate of growth in terms of prices for Haiti amounted to +22.4% per month.
Imports of Buttons; of Base Metal, Not Covered with Textile Material in the Dominican Republic
In 2022, approx. 17 tons of buttons; of base metal, not covered with textile materials were imported into the Dominican Republic; shrinking by -3.6% against 2021. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 25%.
In value terms, imports of buttons; of base metal, not covered with textile materials rose significantly to $497K in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Buttons; of Base Metal, Not Covered with Textile Material in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 126 | 193 | 275 | 352 | 40.8% |
| China | 125 | 56.3 | 87.4 | 81.1 | -13.4% |
| Hong Kong SAR | 73.7 | 85.8 | 26.9 | 18.7 | -36.7% |
| Colombia | 14.0 | 7.8 | 33.9 | 17.5 | 7.7% |
| Mexico | 4.2 | 13.3 | 6.2 | 7.7 | 22.4% |
| Japan | 9.5 | N/A | N/A | N/A | 0% |
| Others | 29.2 | 17.8 | 24.0 | 20.2 | -11.6% |
| Total | 381 | 374 | 454 | 497 | 9.3% |
Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to the Dominican Republic in 2022:
- United States (7.6 tons)
- China (7.0 tons)
- Mexico (0.7 tons)
- Colombia (0.5 tons)
- Hong Kong SAR (0.4 tons)
Exports of Buttons; of Base Metal, Not Covered with Textile Material in the Dominican Republic
In 2022, overseas shipments of buttons; of base metal, not covered with textile materials were finally on the rise to reach 11 tons after two years of decline. In general, exports, however, faced a abrupt setback.
In value terms, exports of buttons; of base metal, not covered with textile materials skyrocketed to $83K in 2022. Over the period under review, exports, however, saw a abrupt shrinkage.
| Export of Buttons; of Base Metal, Not Covered with Textile Material in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 140 | 89.8 | 5.3 | 79.0 | -17.4% |
| United States | 0.9 | 0.3 | 63.7 | 3.6 | 58.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 141 | 90.1 | 69.0 | 82.5 | -16.4% |
Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from the Dominican Republic in 2022:
- Haiti (11.4 tons)
- United States (0.1 tons)
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